News

ALOG’s net income jumps 16.6% YoY to $104.9m

ALOG’s net income jumps 16.6% YoY to $104.9m

The increase was attributed to the completion of its Australian portfolio acquisition.

Non-landed homes see 9% sales decline to $1.9b for H2 2021

225 units were transacted in the same period. 

Indonesia-Singapore summit to highlight Bintan Buoy’s potential

It will also focus on the travel bubble involving resorts in Batam and Bintan. 

1 in 3 elderly unprepared for living with endemic COVID-19

An SMU study suggests that unpreparedness is linked with government trust.

Market update: STI down 1.32%

Jardine Matheson had the most growth.

FLCT to divest Cross Street Exchange for $810.8m

The value represents a 28.3% premium over the property’s book value of $632m. 

CapitaLand acquires JCube for $340m

The transaction will be completed within the first quarter of 2022.

Singapore logs $1.9b tourism receipts in 2021

This represents a decline in TRs when compared to 2020.

Olam places $275m notes in US

Proceeds from the issue will be used for general corporate purposes.

STI gains 5% with energy and bank stocks leading the market

Also, the SG benchmark ranked the third strongest of all the major benchmarks.

ESR REIT ups offer for ALOG merger to $0.97 per unit

The revised offer will increase ALOG’s DPU accreditation to 12.8%.

Headline inflation rises at fastest pace since 2013 at 4%

Elevated prices likely to push MAS to further tighten monetary policy.

Frasers Property Singapore new chief is FPHT's Soon Su Lin

Soon will hold the position effective 1 April.

Market update: STI down 0.34%

Keppel Corp had the most growth.